- The market... We need some spirit. Bring on the cheerleaders!
- Well, it's just a huge crash. I missed it. Riding it down. Not even looking at technical indicators. Sure, everything is at extremes - see the charts below! And normally, I'd be looking for options expiration week strength next week after this cascade down this week. But this isn't normal. Historical trends and technical analysis doesn't matter here. Everyone is streaming for the exits.
- Yes, that should present a bottom at some point, maybe a rally, and a retest of the bottom that would conform from a more textbook technical analysis point of view. Not yet, though.
- President Bush says he has tools to solve the market crisis. Er, right. And you're just keeping them in the toolbox, Mr. President?
- The reality is that the tools have been unleashed with liquidity. Lower rates. Huge bailouts. Eventually, that will matter.
- With the stock market crash, there is no chance for John McCain. Hey, maybe George Soros is behind this market crash! If you missed the George Soros (plus Bush, Pelosi, and Reid) Saturday Night Live sketch, it was taken down from the NBC website.
- Will Microsoft buy RIM?
- I think I'm going to get an iPhone, FWIW.
